M.A.X. Automation AG specifies forecast for 2007

Düsseldorf, (PresseBox) - M.A.X. Automation AG expects an additional group book profit from deferred taxes of approx. EUR 1 million as a result of Germany's corporate tax reform adopted in early July 2007.
According to IFRS, this book profit must be realized. It will be shown in the group's interim financial statements as of September 30, 2007.

For this reason, and against the background of the company's continuing positive business development, the international automation specialist specifies its forecast based on the half-year figures for 2007.
Consolidated sales for 2007 as a whole will exceed EUR 200 million (2006: EUR 183.7 million). Consolidated profits including the additional book profit will show over-proportionate growth and rise to at least EUR 10 million (2006: EUR 8.5 million).
This forecast is based on the current investment portfolio.

The financial statements for the third quarter of 2007 will be presented in early November.

M.A.X. Automation AG

Die M.A.X. Automation AG (WKN: 658090/ISIN: DE 0006580905), Düsseldorf, ist eine international agierende Beteiligungsgruppe mit den beiden Kernsegmenten Umwelttechnik und Industrieautomation. M.A.X. Automation bietet in diesen Bereichen technologisch hochwertige Produkte und Leistungen sowohl für den auftragsbezogenen Sondermaschinenbau als auch für Standardanlagen. Im Segment Maschinen-Anlagenbau sind technologische Spezialgebiete wie Fördersysteme, Behältertechnik und Trinkwassersysteme gebündelt.

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.


I want to subscribe to the gratis press mail and have read and accepted the conditions.